ECB decreased the three key ECB interest rates by 25 basis points
Istanbul, June 6 (Hibya) - The European Central Bank (ECB) Governing Council decided to lower the three key ECB interest rates by 25 basis points.
"Accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be decreased to 4.25 percent, 4.50 percent and 3.75 percent respectively, with effect from 12 June 2024" read the statement by the ECB."
Usa News Agency